47, SEVERN CLOSE, PETERLEE, SR8 1JZ - £88,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 SEVERN CLOSE is a small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £89,449. It was last sold for £88,000 in May 2025, which was around 23% below the average May 2025 terraced price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

47 SEVERN CLOSE Sold Prices

Land registry data shows three sales for 47 SEVERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 47 SEVERN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2025 30 MAY	£88,000	£113,917	23% below HPI
2019 16 MAY	£76,500	£80,863	5% below HPI
2007 27 NOV	£85,000	£97,559	13% below HPI

47 SEVERN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The three 47 SEVERN CLOSE sales between November 2007 and May 2025 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2025 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 47 SEVERN CLOSE be worth now?

47 SEVERN CLOSE might now be worth an estimated £89,449.

This is based on house price inflation of 1.6%, between May 2025 and July 2025, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 47 SEVERN CLOSE of £88,000 on 30th May 2025. For the value to have increased from £88,000 to £89,449 over the ten months to July 2025, the following assumptions must hold true:

• The value of 47 SEVERN CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2025 sale price of £88,000 represented a fair market value for the property.
• The size, condition, and specification of 47 SEVERN CLOSE has not materially changed since May 2025.

How Large is 47 SEVERN CLOSE?

47 SEVERN CLOSE is 91m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of terraced houses houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peterlee, and where 47 SEVERN CLOSE lies on this distribution: 34% of terraced houses houses are smaller than 47 SEVERN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

47 SEVERN CLOSE: Plot and Title Map

47 SEVERN CLOSE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 47 SEVERN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 47 SEVERN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 47 SEVERN CLOSE?

47 SEVERN CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 47 on SEVERN CLOSE.